IMO sulphur cap to affect 60% of HSFO demand: IEA

The IEA expects 60 per cent of bunker demand to move from high-sulphur fuel oil (HSFO) to 0.5 per cent blends and marine gasoil (MGO) in 2020.

The International Maritime Organisation’s (IMO) 0.5 per cent cap on bunker fuel sulphur emissions content from 2020 means around 200mn t/yr (3.1mn b/d) of HSFO bunker fuel consumption will need to move to low-sulphur alternatives, the IEA said in its Oil 2018 report — its outlook to 2023.

Terminal Operators change counsel, head to Supreme Court

Following the loss of an appeal brought by the Seaport Terminal Operators of Nigeria (STOAN), challenging an earlier Federal High Court judgment which directed them to account for all progressive storage charges illegally collected, the Appellants have changed their counsel and in so doing, taken the case to the Supreme Court.

German armed forces college seeks partnership with NIMASA

The Nigerian Maritime Administration and Safety Agency (NIMASA) has said that no nation can attain sustainable growth and development relying on herself and/or single source of revenue as world economies are now consciously or unconsciously competing among themselves in terms of advancement and development indices.

The Director General of the Agency Dr. Dakuku Peterside made this assertion in Lagos recently when a delegation of Bundeswehr Command and Staff College, a leading educational institution of the German armed forces, Hamburg, Germany paid a working visit to the Agency.

"NIWA can’t enforce waterways safety rules"- Fadile

The General Manager Corporate Affairs of the National Inland Waterways Authority (NIWA), Tayo Fadile has said the agency cannot enforce its safety rules on all boat operators in the country.

Fadile said most of the challenges on the waterways are due to the belief system and low literacy level among dwellers of villages situated along the inland waterways.

Shell launches pioneer Marine Engineering Centre at Rivers State University

The Centre of Excellence (CoE) in Marine Engineering and OffshoreTechnology established by the Shell Petroleum Development Company of Nigeria Ltd (SPDC)-operated joint venture at the Rivers State University (RSU) is set to open its doors to the pioneer students who are currently being screened in an elaborate admission process.

Over 100 companies express interest in Ibom Deep Sea Port

The much-talked about Ibom Deep Sea Port in Akwa Ibom State would soon be realised, as more than 100 companies across the globe have reportedly indicated interest for the development of the Port.

This was disclosed by the State Commissioner for Housing and Special Duties, Akan Okon, while speaking with journalists in his office yesterday in Uyo.

NIMASA moves to sanitize Ship Registry

Non-conformity with international best practices resulting in inefficient activities and operations of the Nigerian Ship Registration office has been identified as a major factor Nigeria lost its election bid into the IMO Council in 2017.

A key criterion for election into Category C of the IMO Council- for countries with special interests in maritime transport or navigation- is the quality and quantity of vessels in a country’s Ship Registry.

Lekki port breakwater reaches over 235 meters completion

THE Chief Executive Officer of the Lekki Port LFTZ Enterprise, Mr Navin Nahata has revealed that the construction of the Lekki port Breakwater has reached over 235 metres completion stage.

This is even as the Lekki port CEO commended the Lagos State government and the Nigerian Ports Authority (NPA), the major stakeholders in the development of the Lekki Port project, for their unwavering support so far on the project.

Expect 5.5% increase in demand for maritime services- Industry Forecast

Global competitiveness, efficiency and emerging opportunities in the economy are factors that have been tipped to trigger a 5.5 per cent increase in demand for maritime and allied services in Nigeria in the next two years and beyond.

PMAWCA's regional integration initiatives attract commendation

The MD of NPA, Hadiza Bala Usman, has commended the Port Management Association of West and Central Africa (PMWCA) for continually serving as a multilateral organ for regional cooperation amongst ports in West and Central Africa and also, as a vehicle for the actualization of the dreams of the African Union (AU) as well as the objectives of New Partnership for African’s Development (NEPAD).

Hadiza Bala Usman gave the commendation in her welcome address to the delegates of PMWCA Technical Committee Meeting holding at Oriental Hotel in Lagos on the 26th of February, 2018.


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